CPI print was good today.
I think it's reasonable to assume that we move towards the EQ and eventually even the range high.
BTC (Byzantine General)
The Bitcoin Vector indicator has turned bullish from its low point, with Bitcoin rising about 20% from its low point. The current strategy is full and profitable, with a target price of $82800. (glassnode)
The US stock market closed on Tuesday, with the Dow Jones Industrial Average up 0.3%, the S&P 500 index up 0.32%, and the Nasdaq up 0.66%. SK Hynix and Micron Technology rose over 2%, Nvidia rose 2.1%, and AMD rose nearly 5%. The Nasdaq China Golden Dragon Index rose 1.1%, while Alibaba rose 0.8%.
Markus Thielen from 10x Research suggests a 50/50 allocation of the investment portfolio between Bitcoin and gold, and believes that it is currently difficult to value AI stocks. (Cointelegraph)
The three major indexes of the US stock market collectively closed higher, with the Dow Jones Industrial Average rising 0.23%, the Nasdaq rising 0.48%, and the S&P 500 index rising 0.21%. Cryptocurrency concept stocks generally rose, with Coinbase up 4.19% and Robinhood up 7.74% within the day.